2330 2nd St, Napa, CA 94559

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List Price
$2,150,000
Status
ACTIVE
MLS#
326082946
Year Built
1925
Property Type
Quadruplex
Living Area
3,995
Lot Size
10,629
Acres
0.24
County
Napa
Region
Napa

Property Description

Downtown Napa Four-Unit Income Property with Owner-Occupancy Flexibility Positioned in the heart of Downtown Napa, 2330 2nd Street offers a rare four-unit income property within walking distance of the city's leading restaurants, tasting rooms, and riverfront. Set on 0.24 acres with easy access to Highway 29, the property blends everyday convenience with the flexibility today's Napa investor and lifestyle buyer both look for. The main residence is a three-bedroom, two-bath home with an attached 1bd/1ba featuring its own kitchen and full bath, offering the option to live in the main house and generate rental income from the studio and detached duplex behind. The detached duplex includes two separate two-bedroom, two-bath units, bringing the total to four fully independent living spaces. Each unit is thoughtfully appointed for tenant comfort and long-term performance, with separately metered gas and electric, in-unit washer and dryer, and dedicated off-street parking. Seven parking spaces serve the property, two of them covered, a meaningful advantage in Downtown Napa. Currently fully leased, the property produces a 4.07% gross cap rate, offering immediate income alongside the flexibility to owner-occupy, hold as a rental investment, or reposition in the future. Whether the goal is a Napa Valley pied--terre supported by rental income, a long-term hold in one of Napa Valley's most walkable neighborhoods, or a dedicated investment property in a supply-constrained market, 2330 2nd Street brings location, layout, and returns together in a way few Downtown Napa properties can match. Also listed as Residential MLS#326082877

Additional Information

Style
Edwardian, Traditional
Carport Spaces
2
Basement
Apartment
Heating
Central
Cooling
Central Air
Lot Description
None
Possession
Close Of Escrow, Subject To Tenant Rights
Roof
Composition
Tenant Pays
Cable TV, Electricity, Gas
Utilities
Cable Available, Electricity Available, Internet Available, Natural Gas Available

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Calculator source: Real Geeks

Listing courtesy of Alison Christianson from Compass

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